Which of the following is a budget designated to furnish budgeted costs for any level of activity
Question:
Which of the following is a budget designated to furnish budgeted costs for any level of activity actually attained.
(a). Fixed budget
(b). Flexible budget
(c). Master budget
(d). Production budget
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The correct answer is b Flexible budget Explanation A flexible budget is a budget that is designed t...View the full answer
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